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Joanne Pullin

jp@joannepullin.ca +1(902) 817-0050

$515,000

Est. payment - /mo

5 Beds

2 Baths

1,100 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $468

Subdivision Stanhope

MLS® Listing ID X13474832

Bedrooms 5

Property Sub-Type Freehold

Property Description

TURNKEY DUPLEX-Cash-Flowing from Day One! This Legal Duplex is Fully renovated with Reliable tenants providing Immediate income. This is the kind of asset investors wait for: a completely updated, income-producing property with nothing left to do but collect rent. The numbers speak for themselves: Monthly Income-$4,200 ( tenants pay all utilities) Est. Mortgage payment - $2,300/mth @ Current variable rate on $450 K means a Net position- Positive cash flow from closing. Here's what's been done ( So you don't have to)... Every major system and finish has been upgraded in the past 2 years: Exterior-New Siding, newer windows, upgraded insulation, interior-new flooring, brand-new- kitchens with appliances, renovated bathrooms and in suite laundry on each floor. THE BONUS: There's Ample parking for both units. THE UNITS: Lower ( 2 Bed) Open -concept kitchen, dining, living area. Two large bedrooms with generous closet space. Covered patio with side-yard access. Upper (3Bed) Open-concept layout. Three large bedrooms, south facing deck, private entry with backyard access. Why this property: Proven tenants-long standing occupants with perfect payment history and Zero deferred maintenance. This is a fabulous investment in a market where multi-family inventory is tight. At this price point and cash-flow profile, hesitation is your only risk. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Lower level 2.93 m X 3.73 m Dining room

Extra Room 2 Lower level 2.48 m X 5.96 m Kitchen

Extra Room 3 Lower level 3.65 m X 3.2 m Living room

Extra Room 4 Lower level 3.58 m X 3.95 m Primary Bedroom

Extra Room 5 Lower level 3.58 m X 2.81 m Bedroom 2

Extra Room 6 Lower level 2.83 m X 2.46 m Bathroom

Interior

Heating Baseboard heaters, Forced air, ,

Cooling None

Exterior

Parking Features No

Fence Fenced yard

Community Features School Bus, Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 2

Sewer Septic System

Others

Ownership Freehold

Virtual Tour https://listings.getonelook.com/video/018004AJlZth62k7D2eqNC2c02wcaD8ZAjrY1t02GPVid008

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Listed by Century 21 Granite Realty Group Inc.

Joanne Pullin

Broker Associate | -1811828

+1(902) 817-0050

2427 NORTH SHORE ROAD Algonquin Highlands (stanhope), ON K0M1S0

Joanne Pullin

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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2427 NORTH SHORE ROAD